South-Eastern Asia: Portable Electric Lamp Market 2024

Portable Electric Lamp Market Size in South-Eastern Asia

The Southeast Asian portable electric lamp market contracted significantly to $X in 2022, declining by X% against the previous year. In general, consumption, however, showed a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Portable Electric Lamp Production in South-Eastern Asia

In value terms, portable electric lamp production rose to $X in 2022 estimated in export price. Overall, production showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Portable Electric Lamp Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of portable electric lamps increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, portable electric lamp exports surged to $X in 2022. Total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The Philippines was the main exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Malaysia (X units), Indonesia (X units), Singapore (X units) and Vietnam (X units), together achieving a X% share of total exports. Thailand (X units) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Malaysia ($X) and Indonesia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the export price figures.

Portable Electric Lamp Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of portable electric lamps was finally on the rise to reach X units for the first time since 2016, thus ending a five-year declining trend. Overall, imports, however, showed a mild setback. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, portable electric lamp imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Indonesia (X units) was the key importer of portable electric lamps, making up X% of total imports. Thailand (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Myanmar (X%). The Philippines (X units), Singapore (X units) and Vietnam (X units) followed a long way behind the leaders.

Indonesia experienced a relatively flat trend pattern with regard to volume of imports of portable electric lamps. At the same time, Myanmar (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%), Singapore (X%) and the Philippines (X%) illustrated a downward trend over the same period. Myanmar (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore, Thailand and the Philippines saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported portable electric lamps in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Indonesia was relatively modest. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Thailand (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, surging by X% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, portable electric lamp import price increased by X% against 2014 indices. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :